Ashurst and Allen & Overy instructed on Abertis’ $1 billion acquisition of Chilean toll road

Ashurst teams across London, Luxembourg, Madrid and Stockholm advised Spanish infrastructure company Abertis on the acquisition of the remaining 50% stake it did not own in Chile’s Autopista Central toll road.

Autopista Central is considered Chile’s premium toll road asset, and the country’s busiest road. The deal, valued at over $1 billion, gives Abertis full control of the ownership of the concession.

Allen & Overy advised the sellers, Alberta Investment Management Corporation (AIMCo), with partner Stephen Lloyd in London at the helm of the team. AIMCo instructed Stikeman Elliott as Canadian counsel, with Leland Corbett, the firm’s managing partner in Calgary, leading the group.

Ashurst’s cross-border team advising Abertis was led by partners Tom Mercer and Nick Rainsford in London and María José Menéndez in Madrid. Luxembourg law advice was provided by partner Isabelle Lentz while Pontus Bergsten provided advice on Swedish law. 

Ignacio Abella